Seems like dump is coming soon.. - page 3.

HabBear

hero member

Activity: 1106

Merit: 638

Your bands are converging at a spot that is higher than the most recent lows. So "the dump" as you call it will be higher than the most previous "dump"...according to your chart.

A better topic for discussion is what happens when the trading band narrows, converges to a single point? What are the triggers that drive the move after that convergence to be up...or down, because we're poised for a break out or a break through, but you're not talking about how we'll know if either is happening.

Quote from: lakimens on April 11, 2018, 07:48:23 PM

vit05

hero member

Activity: 672

Merit: 526

At Bitfinex many are betting on a downfall as well. This time I'll bet differently. Lots of graphics betting on the fall. Lots of news about the decline in use of the word Hodl. Many saying the bubble burst.

But 6k will not pass.

We will never see bitcoin again at 5k

Quote from: BobLawblaw on April 11, 2018, 10:49:39 PM

Quote from: First77 on April 11, 2018, 08:20:42 PM

December 2018 target is $2,000 for Bitcoin

Insanity. $2,000 is below cost of production.

LOL Production cost is always adjusted. Those who can not take it, leave the game.

BobLawblaw

legendary

Activity: 1868

Merit: 5722

Neighborhood Shenanigans Dispenser

Quote from: First77 on April 11, 2018, 08:20:42 PM

December 2018 target is $2,000 for Bitcoin

Insanity. $2,000 is below cost of production.

Notfresh

newbie

Activity: 33

Merit: 0

Hope you are right,I need to buy before weeks end. Some how I see it going up till midweek the following week before anything happens.

pooya87

legendary

Activity: 3472

Merit: 10611

going from $6700 to $6900 and having he possibility to go back to $6700 is not called a "dump is coming" situation. it is called normal market fluctuations and this stage can also be considered as an stable phase for bitcoin since for about 2 weeks the price has been around the same price without much of a change and the chances are this is an accumulation phase which is the most likely explanation.

a dump is if price drops to $6000-$5900 and prices like that. so clarify if you think it is going to drop that low? and why? just because of some lines on the chart is not a good reason.

Bervelukan

newbie

Activity: 139

Merit: 0

It could happen, but I do not really think about the dump price, I will wait and buy it, I always take the opportunity every time.

Ravenangel

member

Activity: 448

Merit: 10

Well, your graph is very representative, but i don't think if there will be a dump just yet, the prices are at the rock bottom and i doubt if it can go any further, if it happens however, it will be good news for new investors venturing in the crypto field

First77

member

Activity: 266

Merit: 32

December 2018 target is $2,000 for Bitcoin

tonylewisverdu

newbie

Activity: 28

Merit: 0

lets see.. but I feel that we are going stable now and slowly go up..

Stigmeee

newbie

Activity: 2

Merit: 0

Quote from: lakimens on April 11, 2018, 07:48:23 PM

https://i.imgur.com/iS7WHvW.png

then it would be a great news then for the whales.. and for the new buyers.. and crying time for high buyer and low seller.. I mean which one will take advantage of it.. great or small has a change to change their life... the saying that what comes up must go down.. and what goes down must come up.. thank you.

lakimens

full member

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Merit: 101

PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr

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